Million Dollar Traders

Discussion in 'Trading' started by xelite777, Jul 17, 2014.

  1. "Million Dollar Traders" is a three part series that aired on the BBC about hedge fund manager Lex Van Dam who tries to teach ordinary people to become successful traders.

    The series is particularly interesting because none of the traders understand what they are doing, but they all trade as though they did and the results were terrifying, both financially and emotionally. Many great trading lessons here.

    First video is here:
    http://www.youtube.com/watch?v=v6ciY8u04Kk
     
  2. Ordinary people cannot trade. Please no bull.
     
  3. clacy

    clacy

    It takes more than a crash course or even being handed an edge for most people. You have to learn a lot about yourself, and how your brain handles different types of trading, leverage, etc.

    Once you learn "what makes you tick" and teach yourself to handle the emotional swings of handling winning and losing trades, it becomes a lot easier to make money, IMO.
     
  4. seadog

    seadog

    Most traders are not ordinary. That's why I fit in.
     
  5. Who told you that? :confused:
     
  6. I assume you are talking about the successful ones?
     
  7. Crispy

    Crispy

    I watched 1 and 2. Going to watch 3 today. Very interesting to view the struggle from the outside.
     
  8. seadog

    seadog

    xelite777, mostly. Trading is a unique industry. It takes unique people to suceed.Usually people do not know how dedicated you have to be. An the money to get through the learning process.
     
  9. Crispy

    Crispy

    Watched 3 today. It was worth it.
     
  10. seadog

    seadog

    crispy, got the link for the first one. do you have the other links?
     
    #10     Jul 18, 2014